As this cohort of workers expands, so does exposure to foreign exchange costs, often in ways that are not immediately visible. Many digital nomads are paid in one currency, hold savings in another, and spend across several more.
Under House Bill 501, 'employees of the Transportation Cabinet shall not be permitted to telecommute unless specifically exempted by the Secretary of the Transportation Cabinet.' This provision was vetoed by Governor Andy Beshear but was overridden by the legislature.
Flexible working is a hot topic that's rapidly making its way into the SME (small-medium-sized enterprise) market, especially after covid and all its repercussions on businesses Due to covid-19, many small to medium businesses have had to disband their in-house team, and those that were left working found themselves at home. This was especially prevalent in industries like social media advertising agencies, customer services relations, online-focused eCommerce brands and B2B businesses.